METLIFE INC — Director's Dealing 2020

Dec 21, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: METLIFE INC (MET)
CIK: 0001099219
Period of Report: 2020-12-17

Reporting Person: Khalaf Michel (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-17	Common Stock	M	29383	$40.91	Acquired	60565	Direct
2020-12-17	Common Stock	D	29383	$46.31	Disposed	31182	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-17	Unit Options (Cash-Payable)	$40.91	M	29383	Acquired	2021-02-22	Common Stock (29383.0)	Direct

Footnotes

F1: Exercise of unit options, which are cash-payable stock appreciation rights. The unit options expired if unexercised by February 2021.

F2: Includes 3,133 unit options previously added to the reporting person's award through an adjustment to maintain the intrinsic value of the unit options in light of the distribution by MetLife, Inc. to its shareholders of Brighthouse Financial, Inc. common stock. The reporting person did not receive shares of Brighthouse Financial, Inc. common stock on account of the unit options.

F3: The unit options became exercisable in three substantially equal installments on February 23, 2012, 2013 and 2014.